Best Neighbourhoods to Buy Property in Chennai

Choosing the best neighbourhood to buy property in Chennai means looking at new roads, rental income, travel time to work, and daily living needs. Key places like Old Mahabalipuram Road (OMR), Velachery, Porur, and Medavakkam have become top areas to live. This is because they are close to IT parks, good schools, and big hospitals. Buying a home in these places gives you good property value growth and steady rental demand.

A great project to consider in South Chennai is Prestige Falcon City Chennai.

Prestige Falcon City Chennai: Complete Project Overview

Built by Prestige Group, Prestige Falcon City Chennai is a big housing project on Medavakkam–Sholinganallur Road. Designed as a high-rise gated community, it combines large open spaces with modern homes, making it great for both families and home investors.

Key Project Highlights

Total Land: 23 Acres
Open Space: About 80% green and open area
Towers: 22 High-Rise Towers (2 Basements + Ground + 14 Floors)
Total Homes: 2,170 apartments
Home Types: 2 BHK, 3 BHK, 3.5 BHK, and 4 BHK units
Home Sizes: From 1,001 sq. ft. to 2,735 sq. ft.
Location Advantages: Located on Medavakkam–Sholinganallur Road with easy access to ELCOT SEZ, OMR IT Road, Velachery Main Road, and upcoming Metro stations.

Apartment Configurations & Pricing

Configuration	Total Area (Sq. Ft.)	Starting Price (Approx.)
2 BHK	1,001 – 1,220	₹ 1.30 Crore*
3 BHK	1,380 – 1,550	₹ 1.57 Crore*
3.5 BHK	1,750 – 2,150	₹ 1.95 Crore*
4 BHK	2,450 – 2,735	₹ 2.63 Crore*

Lifestyle Amenities The project offers over 60 lifestyle features, including a huge 70,000 sq. ft. clubhouse, a modern gym, swimming pools, sports courts, walking tracks, green gardens, a small movie theater, and party areas.

Best Neighbourhoods to Buy Property in Chennai

Medavakkam: Located between OMR and GST Road, Medavakkam offers smooth travel and rising property prices, thanks to major projects like Prestige Falcon City.
Sholinganallur (OMR): The main IT hub of Chennai with major tech offices, making it perfect for office workers looking for rental homes.
Velachery: A well-known area with great shops, restaurants, schools, and easy transport to the rest of the city.
Porur: A fast-growing area in West Chennai, popular for its closeness to factories, hospitals, and IT parks along Mount-Poonamallee Road.

Frequently Asked Questions (FAQs)

1. Where is Prestige Falcon City Chennai located?

The project is located on Medavakkam–Sholinganallur Road in South Chennai, offering easy travel to the OMR IT Corridor, Velachery, and Chennai Airport.

2. What apartment configurations are available in Prestige Falcon City Chennai?

The project offers 2 BHK, 3 BHK, 3.5 BHK (3 BHK + Study), and 4 BHK high-rise apartments ranging from 1,001 sq. ft. to 2,735 sq. ft.

3. What is the starting price for an apartment at Prestige Falcon City Chennai?

The price for a 2 BHK home starts at around ₹ 1.30 Crore*, depending on the floor level and view.

4. What key amenities are provided within the township?

Major features include a 70,000 sq. ft. clubhouse, swimming pools, a gym, sports courts, walking tracks, play areas for kids, and 24/7 security.

5. Is Medavakkam a good investment choice in Chennai?

Yes, Medavakkam is one of the fastest-growing areas in South Chennai because it is close to IT hubs, new metro lines, and good roads.

6. Who is the developer behind Prestige Falcon City Chennai?

The project is built by Prestige Group, one of India's leading and most trusted builder companies.

7. How far is Prestige Falcon City Chennai from major IT hubs?

The project is just a 5 to 15-minute drive from major tech parks in Sholinganallur and the OMR area, including ELCOT SEZ.